By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...

Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.

With student loan payments back, wage garnishment is a real threat for borrowers in default. Learn how it works, who is at ...

On May 4, the Consumer Financial Protection Bureau finalized an enforcement order against Bank of America. In its zeal to bring the Consumer Financial Protection Act to the aid of consumer-debtors, ...

On Dec. 23, 2025, the U.S. Department of Education said it will begin administrative wage garnishment for borrowers with ...

Banking and thrift regulators issued proposed guidance on Wednesday on best practices for institutions for handling debt garnishment orders when a consumer also has protected Social Security wages. In ...

The Trump administration plans to restart federal student loan wage garnishment for defaulted borrowers in early 2026.

A wage garnishment is a legal action that forces an employer to withhold wages from an employee's periodic wage compensation and turn over the withheld wages to the creditor of that employee.

Right before the July 4th holiday this year, the ‌Environmental Protection Agency (EPA) issued a direct final rule entitled “Administrative Wage Garnishment.”[1] This rule sought to amend EPA ...

When an employee defaults on debt or gets behind on other financial obligations, their creditors or other interested parties can take action, such as initiating a lawsuit or pursuing wage garnishment.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The upside is that there are steps you can take to protect your money if ...